United States

The world’s two biggest economies have been eyeing each other warily lately. Like two heavyweight contenders angling for a match, the U.S. and China have been managing a hugely productive economic relationship — two-way trade hit $590 billion last year — all the while trying to figure out who runs the world. The two nations have forged common ground on big-ticket items such as climate change and concerns over nuclear proliferation in North Korea and Iran. But there’s been tension over China’s moves to secure disputed territory in the South China Sea, and accusations that recent large-scale hacking of U.S. government computers had a Chinese fingerprint. ...

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The world’s two biggest economies have been eyeing each other warily lately. Like two heavyweight contenders angling for a match, the U.S. and China have been managing a hugely productive economic relationship — two-way trade hit $590 billion last year...